Modi reaches Canada for Uranium Deal

By GovernanceToday
In Governance Watch
April 15, 2015
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modi-canada-visitIndian Prime Minister Narendra Modi has kicked off his three-day visit to Canada for a deal to buy uranium from Canadian producer Cameco Corp, which will be unveiled on Wednesday. This Canadian trip would be the first by an Indian Prime Minister in over 40 years.

The expectation that the deal championed by Modi may be signed has stirred wariness among Canadians. An Internet survey conducted by the Angus Reid Institute published on Tuesday showed 60 percent of respondents oppose helping develop India’s nuclear energy industry.

Cameco, based in Saskatoon, Saskatchewan, has been in talks to sell uranium to India, and Modi has said a deal is one of the priorities of his Canadian trip.

Saskatchewan Premier Brad Wall is also travelling to Ottawa.

“We’re very hopeful, I’ll say that,” Wall stated in an interview

Modi would initiate his trip by meeting with Canadian Prime Minister Stephen Harper and Governor General David Johnston on Wednesday morning, according to an itinerary from the Indian government. Modi will then go to Toronto on Wednesday evening, staying there until leaving for Vancouver on Thursday, the final stop of his three-day visit.

Modi is also scheduled to meet with pension funds, business leaders and members of Canada’s Indian community during his trip, according to the itinerary. Last month Modi had said on his Facebook page that he looked forward to “sourcing uranium fuel for our nuclear power plants”.

A statement issued from Harper’s office has stated that the countries intend to focus on boosting cooperation on economic issues, counter-terrorism and energy.

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